Search Site   Web   Archives - back to 1987 Google Newspaper Archive - back to 1901Powered by Google

Royal Bank of Scotland seeks to foreclose on Tampa's 'Beer Can' tower

Times Staff
Posted: Oct 19, 2010 04:13 PM

ADVERTISEMENT
ADVERTISEMENT

A major bank is suing the owner of downtown Tampa's cylindrical office tower at 400 North Ashley Drive — better known in this area as the "Beer Can" building, Rivergate Tower or the Sykes Enterprises tower.

In its lawsuit, Royal Bank of Scotland states that the tower owner, ACP/Pinnacle or America's Capital Partners on Brickell Avenue in Miami, failed to pay its August mortgage payment on the tower and continues not to pay. The bank, which says it is owed $48.4 million, seeks to foreclose on the property.

A spokesman at America's Capital Partners on Tuesday confirmed the company owns the Tampa tower but said they do not comment on lawsuits. Call center company Sykes Enterprises is a principal tenant of the tower and its name appears at the top of the building, but it does not own the property.

In the Tampa area, America's Capital Partners also owns Westshore Corporate Center on North Westshore Boulevard, Breckenridge I-V & VIII on Breckenridge Parkway and, in Clearwater, Prestige Place I & II on McCormick Drive.


[Last modified: Oct 20, 2010 03:31 PM]

Copyright 2010 Tampa Bay Times



Join the discussion: Click to view comments, add yours
Loading...
Want More Breaking News?

ADVERTISEMENT

 
ADVERTISEMENT